LouisianaHB 242025 Regular SessionHouseWALLET

RETIREMENT/TEACHERS: Provides relative to the optional retirement plan in the Teachers' Retirement System of Louisiana (EN SEE ACTUARIAL NOTE APV)

Sponsored By: Tony Bacala (Republican)

Signed by Governor

Retirement

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Bill Overview

Analyzed Economic Effects

4 provisions identified: 3 benefits, 0 costs, 1 mixed.

More retirement choices for Louisiana college staff

The law expands Optional Retirement Plan eligibility to similar classes of employees across all postsecondary schools. Active contributing members have seven years after first employment, up from five, to join Louisiana’s regular teachers’ pension plan. That choice cannot be reversed. Former Optional Retirement Plan participants also gain a pension choice when returning to active employment. They must not have been actively employed in a covered job on June 30, 2024; participation applies going forward.

Older Louisiana hires gain Social Security choice

Older workers starting their first job covered by the Teachers’ Retirement System of Louisiana can choose Social Security instead. Workers qualify at age 60 or older. Workers ages 55–59 qualify if they have earned at least 40 quarters of Social Security coverage. The choice is available at first employment in a covered job.

Retirement fee cap shifts employer responsibility

Beginning July 1, 2026, the law limits employees’ share of Optional Retirement Plan administrative fees. Employees pay no more than half the actual fee or 0.5% of pay, whichever is less. Employers must cover the remaining administrative fee.

Louisiana retirement participants gain advisory updates

The law creates a nine-member Optional Retirement Plan Advisory Committee. It gives information and feedback to the teachers’ retirement board and provides regular updates to plan participants. The commissioner of higher education, or a designee, also joins the board as an ex officio member.

Sponsors & Cosponsors

Sponsor

  • Tony Bacala

    Republican • House

Cosponsors

  • Barbara Carpenter

    Democratic • House

  • Barbara Reich Freiberg

    Republican • House

  • Roy Daryl Adams

    Democratic • House

  • Jack McFarland

    Republican • House

  • Jason Brian DeWitt

    Republican • House

  • Jason Hughes

    Affiliation unavailable

  • Jerome Zeringue

    Republican • House

  • Larry A. Bagley

    Republican • House

  • R. Dewith Carrier

    Republican • House

  • Rhonda Gaye Butler

    Republican • House

  • Shane Mack

    Republican • House

  • Stephanie H. Berault

    Republican • House

  • Timothy P. Kerner

    Republican • House

  • Vanessa Caston LaFleur

    Democratic • House

Roll Call Votes

All Roll Calls

Yes: 160 • No: 0

Senate vote • 5/27/2025

Rules suspended. Read by title, passed by a vote of 36 yeas and 0 nays, and ordered returned to the House. Motion to reconsider tabled.

Yes: 36 • No: 0

House vote • 5/12/2025

Read third time by title, amended, roll called on final passage, yeas 97, nays 0. The bill, having received two-thirds vote of the elected members, was finally passed, title adopted, ordered to the Senate.

Yes: 97 • No: 0

House vote • 5/6/2025

Reported with amendments

Yes: 16 • No: 0

House vote • 4/24/2025

Reported with amendments

Yes: 11 • No: 0

Actions Timeline

  1. Signed by the Governor. Becomes Act No. 47.

    6/4/2025House
  2. Effective date: 07/01/2025.

    6/4/2025House
  3. Signed by the President of the Senate.

    5/29/2025Senate
  4. Sent to the Governor for executive approval.

    5/29/2025House
  5. Enrolled and signed by the Speaker of the House.

    5/28/2025House
  6. Rules suspended. Read by title, passed by a vote of 36 yeas and 0 nays, and ordered returned to the House. Motion to reconsider tabled.

    5/27/2025Senate
  7. Received from the Senate without amendments.

    5/27/2025House
  8. Reported without Legislative Bureau amendments. Read by title and passed to third reading and final passage.

    5/21/2025Senate
  9. Read by title and referred to the Legislative Bureau.

    5/20/2025Senate
  10. Reported favorably.

    5/19/2025Senate
  11. Read second time by title and referred to the Committee on Retirement.

    5/14/2025Senate
  12. Received in the Senate. Read first time by title and placed on the Calendar for a second reading.

    5/13/2025Senate
  13. Read third time by title, amended, roll called on final passage, yeas 97, nays 0. The bill, having received two-thirds vote of the elected members, was finally passed, title adopted, ordered to the Senate.

    5/12/2025House
  14. Scheduled for floor debate on 05/12/2025.

    5/8/2025House
  15. Read by title, amended, ordered reengrossed, passed to 3rd reading.

    5/7/2025House
  16. Reported with amendments (16-0).

    5/6/2025House
  17. Read by title, amended, ordered engrossed, recommitted to the Committee on Appropriations.

    4/28/2025House
  18. Reported with amendments (11-0).

    4/24/2025House
  19. Read by title, under the rules, referred to the Committee on Retirement.

    4/14/2025House
  20. First appeared in the Interim Calendar on 2/28/2025.

    2/28/2025House
  21. Prefiled.

    2/27/2025House
  22. Under the rules, provisionally referred to the Committee on Retirement.

    2/27/2025House

Bill Text

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